2014 off to big start with $2.6 million home sale in Fresno

Posted by Tim sheehan on April 4, 2014 

This home on a Dovewood Lane cul de sac in northwest Fresno recently sold for a cool $2.6 million -- the highest price paid so far in 2014 for a home in the city of Fresno.

JFRANCISCOALVAREZ.COM — jfranciscoalvarez.com

Big Realty in Fresno recently closed the sale of a vacant 8,300-square-foot home in a tony northwest Fresno neighborhood for a cool $2.6 million -- the largest sale so far this year in the Fresno market.

Broker Mark Chu reports that the six-year-old custom estate at 2312 W. Dovewood Lane, near Van Ness Boulevard and Barstow Avenue, sold before it was even officially on the market. The listing agent was Francisco Alvarez.

So as the Fresno real estate market continues to rebound from the depths of recession, what exactly does one get for $2.6 million these days? You can take a look at some pics of the property here on Alvarez' website.

According to the listing, the property on the Dovewood cul de sac includes a two-story main home of more than 7,000 square feet and a guest home with about 1,200 square feet. Between the main and guest houses, there are five bedrooms and five bathrooms. The main home includes a gourmet kitchen with built-in appliances, granite countertops and two sinks. Upstairs, there's a game room and a movie theater room. Out back, there's a pool, spa and two outdoor gas fireplaces and an outdoor kitchen. The garage is designed to hold four cars plus an RV.

County property tax records indicate that the total assessed value of the home last year was about $1.5 million -- lowered from about $2.2 million under relief provions of Prop. 8. The same database shows that Wells Fargo Bank acquired the home from its original owners just last November for just over $1.7 million.

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